STRATEGIC MATERIAL MANAGEMENT

DN Solutions sets an excellent example of faithful compliance with the domestic
and international trade laws and regulations.

Respected DN Solutions’ colleagues

To ensure the continued growth of our company in the global market, strict compliance with domestic and international regulations is imperative. As a manufacturer of advanced machine tools categorized as strategic goods, adhering rigorously to export controls is of utmost importance. Failure to comply can lead to export suspensions and sanctions, both on a domestic and international scale. It is crucial to note that a recent violation by another company resulted in substantial fines amounting to $300 million imposed by the U.S. Department of Commerce.

Diligent compliance with export controls is crucial for the sustained growth of our company in the global market. It not only protects the well-being of our customers, partners, collaborators, and employees but also enhances our company's reputation and fosters trust among our clientele. Each member of DN Solutions carries the responsibility to fully understand and unwaveringly adhere to the regulations governing the management of strategic goods within our organization. As the entire workforce of DN Solutions, we wholeheartedly pledge our unwavering commitment to uphold the following principles:

  • We deeply recognize the importance of voluntary export control management for strategic goods and commit to its compliance.
  • We establish the necessary organizational and operational structures within the company for autonomous export control management of strategic goods, ensuring the integrated and systematic functioning to protect the company's value and employees.
  • We actively cooperate with the international export control regimes in to uphold national security and global peace, while actively supporting the strategic goods export control policies of the Korean government.

Through our employees' collective efforts, we have achieved significant milestones, including being designated as a voluntary compliant trader for strategic goods by the Ministry of Trade, Industry and Energy in 2008, obtaining AAA rating for voluntary compliance in 2014, and receiving the Minister's Award for Trade Security in 2016.

However, we must not be complacent and need to proactively adapt to evolving international environments and export control regimes. Compliance with strategic goods export controls is crucial for our company's growth and integration into the global community. We request your active participation and attention in this matter.

June 2, 2022 Chairperson of the Strategic Materials Management Committee of DN Solutions Representative Director of DN Solutions Kim Won Jong

DN Solutions Co., Ltd. has evolved into a leading company in the domestic machine tool industry, known for continuous product development, a global network, and a strong brand presence. We provide specialized solutions tailored to different industries, enabling flexible automation and digital machining. Our smart machines offer seamless automation and cater to the diverse needs of our global clientele.

As a global provider of machinery and solution services, DN Solutions Co., Ltd. declares its sincere commitment to comply with export control regulations, for the sake of international peace, security, and national defense.

  • First, we deeply recognize the importance of voluntary export control management for strategic goods and commit to strictly complying with relevant laws and regulations to ensure that the lawful exports take place.
  • Secondly, we recognize that establishing the necessary organization and operational systems within the company for voluntary export control management of strategic goods is crucial for the company's sustainable growth, and we are committed to maintaining, continuously improving, and developing these systems in an organic and systematic manner.
  • Thirdly, we not only actively cooperate with the government's strategic goods export control policies but also make our best efforts to prevent any violation.
  • Fourthly, we will make every effort to disseminate the importance and significance of strategic goods export control through our global network, aiming to promote voluntary export control management of strategic goods at a global level.

June 2, 2022 Chairperson of the Strategic Materials Management Committee of DN Solutions Representative Director of DN Solutions Kim Won Jong